Corporate Report

July 8, 1985|By Brian J. O`Connor, Business Writer

AMERICAN CAPITAL CORP., Miami, has announced the formation of a new subsidiary, Transcapital Development Corp., to handle the company`s new real estate interests. Anthony J. Trella has been chosen as president of the new corporation.

AUER/NICHOLS AND ASSOCIATES, 2124 Hollywood Blvd., Hollywood, has been retained by 14261 Associates to plan and design the 40,000-square-foot operational headquarters for the Latin American operations division of American Express, to be located in the Commerce Building in Miami Lakes. American Express has leased the entire building.

LEXICON CORP., Fort Lauderdale, which recently completed its acquisition of Reston, Va.-based SCOPE Inc., has added three members to SCOPE`s seven-member board of directors: Michael Levy, Lexicon president and chief executive officer, Timothy J. Crowe and Raymond J. Kiernan. Levy was named chairman of the board of SCOPE, while another Lexicon designee, Kiran Gandhi, is expected to be added as a director of SCOPE, giving Lexicon majority control of the SCOPE board.

SAFECARD SERVICES INC., 2995 N. Dixie Highway, Fort Lauderdale, reported record revenues and earnings for the second quarter and the six months ended April 30, compared with the same period last year. Board chairman Peter Halmos reported that for the six months, revenues rose to $30.5 million from $24.3 million. Net income more than doubled to $6.5 million, or 54 cents per share, compared with $2.8 million, or 24 cents per share, for the same period last year.

For the second quarter, revenues increased to $15.5 million, compared with $12.9 million. Net income nearly doubled to $3.3 million, or 28 cents per share, compared with $1.7 million, or 15 cents per share. SafeCard, a direct marketing firm, provides credit card services for more than 100 banks, petroleum companies and retail department stores.

PROJECT MANAGEMENT AND CONTROL INC., a consulting company specializing in providing project management and computer services to the construction industry, has moved to new quarters at 1440 E. Oakland Park Blvd., Suite 204, Fort Lauderdale. Company president Sidney Brounstein recently completed a three-year assignment in Israel where he provided project control services at an airbase constructed by the U.S. Army Corps of Engineers for the Israeli Air Force.

MOVED

ADIA-FORT LAUDERDALE, a temporary employment service, has moved its offices to 5769 N. Andrews Way, near Cypress Creek Road and Interstate 95.

HOLLYWOOD FEDERAL SAVINGS AND LOAN ASSOCIATION has relocated its Tamarac office to the New Executive Center, 8100 N. University Drive. It was previously located in the Sunflower Shopping Center. The branch`s grand opening celebration, with chances to register prizes, continues through July 12. Branch manager is Muriel Renick.

NEW YORK MUTUAL LIFE (MONY) is expected to move its headquarters to Venture Corporate Center 2, Hollywood Boulevard and Park Road, Hollywood. The company is moving from its Coral Springs offices, and will occupy 9,000 square feet by this August.

NEW BUSINESSES

THE ACADEMY COS. INC. has begun operations, offering roofing services, including construction, maintenance, renovation and engineering consultation. Corporate offices are located at 453O NE 10th Ave., Oakland Park. Their phone number is 776-7663.

BEST BUY DRUGS is opening a new 10,000-square-foot store in the Woodbridge Plaza, northwest corner of Forest Hill Boulevard and Jog Road, Greenacres City. The drug and convenience chain`s newest store will add a liquor store as well. Woodbridge Plaza, a development of International Commercial Development and D. Brams, now has five stores, including a McDonald`s and Pizza Hut.

CAPITAL PLANNING RESOURCES INC. has announced the opening of its new office at 3452 W. Boynton Beach Blvd., Boynton Beach. The financial and estate planning firm is headed by Dale F. Doelling, president. The office`s phone number is 737-6133.

DATA SOURCE COMPUTER SPECIALISTS INC. has opened a new office in the Harvey Building, Suite 207, 224 Datura St., West Palm Beach. Data Source is a registered dealer for IBM and Leading Edge computers. General manager is Anita Raisis and the office`s phone number is 832-4858.

MILLER & MEIER & ASSOCIATES an architectural, engineering and planning firm, has opened offices at 1 South Ocean Boulevard, Boca Raton. James F. Stahnke has been named project director.

WOOLF & GLICK is a new law firm formed by attorneys Alan P. Woolf and Thomas E. Glick with offices in the Best Professional Plaza, Suite 210, 1133 S. University Drive., Plantation. Their phone number is 473-4800.

WORD-WIZ AUTOMATED BUSINESS CENTERS INC., 2930 Okeechobee Blvd., West Palm Beach, has opened for business. J. Courtney Williams, company president, announced that the word processing operation is also available to supplement clients` in-house departments, as well as aid lawyers in preparation of legal documents. For more information, call 478-8969.